131 Oak Ridge DR, Cedar Creek TX 78612

Based on 7 closed sales in 78612, the data points to a value around $290,979 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $321,000 to $362,000. Relative to what's currently available in 78612, this home would be the most affordable of 3 comparable homes on the market. This home's smaller footprint (151 sqft vs the comp average) plays a role in how the market prices it. A pool adds market appeal. Only 7 minus 7 of the comps had one. The active market in 78612 includes 3 comparable homes priced from $298,000 to $419,000. Market data shows 78612 prices fallen 4.6% over the last half year. The closest comparable sale, 182 Lake Front DR, Cedar Creek TX 78612 at an adjusted $361,800, is with no pool. The strength of this estimate comes from 7 directly comparable sales in 78612. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group